Trading ideas: Uzma, Tuju Setia, Dialog, LBS, Tropicana, MGB, Ni Hsin, Sunway, Country Heights, Infomina


KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.

Uzma Bhd has secured three contracts from Petronas Carigali Sdn Bhd for the provision of coiled tubing unit equipment and services, through its subsidiary, Setegap Ventures Petroleum Sdn Bhd.

Tuju Setia Bhd won a RM359.3mn contract from Sime Darby Property Bhd for a high-rise residential construction project in Ara Damansara, Petaling Jaya.

Dialog Group Bhd has commenced construction on the Phase 3 expansion of its Pengerang Deepwater Terminals in Johor, following the fulfilment of conditions linked to a long-term service agreement signed with BP Singapore Pte Ltd last November

LBS Bina Group Bhd reported that its subsidiary has resolved a legal dispute over an alleged RM43.0mn outstanding amount by agreeing to a settlement of RM7.0mn.

Tropicana Corp Bhd has announced that it has redeemed RM133.2mn under its RM1.5bn Islamic Medium-Term Notes 2020 Sukuk Wakalah Programme, bringing total cumulative payments under the programme to RM1.3bn.

OCBC Bank (Malaysia) Bhd and its Islamic banking subsidiary OCBC Al-Amin Bank Bhd are offering relief support to their customers affected by the global uncertainties.

MGB Bhd’s indirect wholly-owned subsidiary has accepted a Letter of Award from ROSHN Group Company for construction and engineering works worth RM34.8mn for the Marafy Al Arous project in Jeddah, Saudi Arabia.

Ni Hsin Group Bhd's unit, Ni Hsin EV Tech Sdn Bhd, has signed a memorandum of understanding with Chongqing Qiulong Technology Co Ltd to provide assembly services for Surron electric motorcycles.

Sunway Bhd has appointed Tan Sri Abdul Wahid Omar as its independent and non-executive director with immediate effect.

Country Heights Holdings Bhd has appointed Mohd Rizal Zubair as its chief executive officer with effect from April 15.

Infomina Bhd reported a 7.5% YoY increase in net profit to RM8.8mn for the 3QFY26, supported by stronger contributions from its technology infrastructure operations, maintenance, and support services segment. 

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

FBM KLCI moves slightly higher as traders practise caution
Ringgit edges up vs greenback on US-Iran talks hope
Asia markets advance on peace deal hopes, corporate earnings
S&P Global downgrades ASX after Australian regulator finds governance, risk failures
Energy shock ripples through the economy
Locked-in feed costs an advantage for Teo Seng Capital
Deleum’s RM2.5bil order book to fuel growth
Select consumer stocks to ride out cost volatility
CelcomDigi poised to remain as market leader
Asset monetisation to bolster IOIPG dividends

Others Also Read